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Forex Trend Analysis Report

Prepared for you on Monday, March 31, 2025.

Malagasy Ariary/Euro (FOREX:MGAEUR)

Countertrend Down (-85) - MGAEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid MGAEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGAEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MGAEUR
Open High Low MGAEUR Price Change
0.00019816 0.00019816 0.00019816 0.00019816 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MGAEUR

long term down The long-term trend has been DOWN since Mar 12th, 2025 at 0.00020155

intermediate term down The intermediate-term trend has been DOWN since Feb 16th, 2025 at 0.00020369

short term up The short-term trend has been UP since Mar 23rd, 2025 at 0.00019683

Smart Scan Analysis for MGAEUR

Based on our trend formula, MGAEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MGAEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00019816 0.00019816 0.00019816 0.00019816 0.00000000
Prev. Close Volume Bid Ask Time
0.00019816 2025-03-29 17:28:32
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